Posted: 20 Aug 2024 Resource Type: Research Report Download Back Good regulation is vital to a stable and sound financial services sector. It must serve the interests of both consumers and investors alike. Good regulation is an enabler of the wider financial system, providing trust and confidence for everyone’s benefit. In today’s world, regulatory measures are deeply integrated into the life cycle of all financial institutions, be it in insurance, banking, or asset management. The UK has long been recognised as a global thought leader in financial regulation, so it is no surprise that both the Financial Conduct Authority and the Bank of England have been proactive in their approach to technological innovation. In this report, we showcase the benefits of RegTech by presenting successful examples of RegTech implementation which have helped UK firms to cut compliance costs, be more efficient, and save time and resources. This report is intended to foster collaboration, build sustainable growth in the RegTech industry, and in particular, motivate UK organisations to use, invest, and embrace the value that RegTech can bring. We believe that RegTech's adoption can enhance the competitiveness of the UK financial services sector and make it a safer and stronger place to do business. "A financial services sector that is robustly compliant can only be good for the economic development of the UK.” Dr Sian Lewin With thanks to members of the RegTech Platform Strategy Group who provided commentary on the UK RegTech landscape in 2024. Download the report RegTech test | Identifying the policy impact on compliance technology RegTech test | Identifying the policy impact on compliance technology Download the report 2021: A critical year for RegTech 2021: A critical year for RegTech Discover Vision for Economic Growtha roadmap to prosperity Vision for Economic Growtha roadmap to prosperity Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Case Study Aon | helping companies combat growing cyber risks Sep 2024 - We spoke to Chris Scott, Head of Cyber Solutions UK at Aon, about how the firm is advising clients against growing cyber risks. Aon | helping companies combat growing cyber risks Thought Piece How the UK can help to put Saudi Arabia on an accelerated path to a sustainable future Jul 2024 - How the UK's expertise in sustainable finance and global infrastructure financing can help accelerate Saudi Arabia on its path to a sustainable future. How the UK can help to put Saudi Arabia on an accelerated path to a sustainable future Research Report The City of London Corporation's work in support of financial and professional services: annual review 2023/2024 Jul 2024 - The City of London Corporation's annual review on the extensive programmes of work in the UK's financial and professional services industry in 2023/2024. The City of London Corporation's work in support of financial and professional services: annual review 2023/2024 Thought Piece Harnessing the power of London for global climate action: Reflections on London Climate Action Week 2024 Jul 2024 - London Climate Action week is a global moment that sees leaders, organisations and communities from across the world descend on London to drive climate action. Here are some highlights from myself and the City of London sustainable finance team. Harnessing the power of London for global climate action: Reflections on London Climate Action Week 2024